Banking on democracy : financial markets and elections in emerging countries / Javier Santiso.

9781461931874 (electronic bk.)
1461931878 (electronic bk.)
9780262313704 (electronic bk.)
0262313707 (electronic bk.)
9780262019002
0262019000

Cambridge, MA : MIT Press, ©2013.

English

1 online resource

HG195 .S26 2013eb

332.109172/4

Politics matter for financial markets and financial markets matter for politics, and nowhere is this relationship more apparent than in emerging markets. In this book, Santiso investigates the links between politics and finance in countries that have recently experienced both economic and democratic transitions. He focuses on elections, investigating whether there is a 'democratic premium' - whether financial markets and investors tend to react positively to elections in emerging markets.

Politics matter for financial markets and financial markets matter for politics, and nowhere is this relationship more apparent than in emerging markets. In this book, Santiso investigates the links between politics and finance in countries that have recently experienced both economic and democratic transitions. He focuses on elections, investigating whether there is a 'democratic premium' - whether financial markets and investors tend to react positively to elections in emerging markets.

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